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anmolway - yes, the chart is ES, which is the emini S&P futures. It closes at 21:15 UK time, so there is an additional 15 minutes of movement after the Dow closes at 21:00.
Robert, I made some good dosh yesterday despite the mis-hap in the evening. I have revised the chart to take into account yesterdays sell-off. The chart for today looks murky for the bulls but again plenty of opportunities for all of us with trigger happy trading platforms....
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beam_me_up
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hi there
i'm one of the lurkers on this thread, but only reason i don't post is cos i don't have anything useful to say.
but today, i want to ask a couple of questions, and i hope they get addressed....
1) Whatever happened to the Bradley model - this was supposed to have ALWAYS worked;
2) Whatever happened to the Spiral Calender - this also was supposed to have ALWAYS worked...
I just find it odd how these were discussed in such detail BEFORE those dates, and now that nothing "seems" to have happened, not a sound about them from anyone.....
i'm one of the lurkers on this thread, but only reason i don't post is cos i don't have anything useful to say.
but today, i want to ask a couple of questions, and i hope they get addressed....
1) Whatever happened to the Bradley model - this was supposed to have ALWAYS worked;
2) Whatever happened to the Spiral Calender - this also was supposed to have ALWAYS worked...
I just find it odd how these were discussed in such detail BEFORE those dates, and now that nothing "seems" to have happened, not a sound about them from anyone.....
Hi Chester,
Yes, my analysis has changed due to the nature of yesterday
Beam_me_up.....the philosophy here is that it is followed as long as it works, when it does not work, it is ignored....that is why we always use stop losses in case they are wrong
Yes, my analysis has changed due to the nature of yesterday
Beam_me_up.....the philosophy here is that it is followed as long as it works, when it does not work, it is ignored....that is why we always use stop losses in case they are wrong
s&p 500
Hi,
im looking at the following link and it shows that S&P also last month was trading at this levels but it turned around.
http://stockcharts.com/def/servlet/SC.pnf?c=$spx,P
Cheers
Genti
Hi,
im looking at the following link and it shows that S&P also last month was trading at this levels but it turned around.
http://stockcharts.com/def/servlet/SC.pnf?c=$spx,P
Cheers
Genti
beam_me_up
I`m sure I`ll get shot down for this but here goes anyway. I personally feel that these forecasting the future models are at best, random in their accuracy.
If you start enough sequences from enough places you will tie in every event .
They all smell very much of backfilling to me. Take Nostradamus, I may be wrong, but it seems to me his "predictions" get interpreted after the event. shouldn`t it all of ended three years ago according to him :?:
But then maybe someones now got the real interpretation of what he wrote.
Steve
I`m sure I`ll get shot down for this
but here goes anyway. I personally feel that these forecasting the future models are at best, random in their accuracy.If you start enough sequences from enough places you will tie in every event .
They all smell very much of backfilling to me. Take Nostradamus, I may be wrong, but it seems to me his "predictions" get interpreted after the event. shouldn`t it all of ended three years ago according to him :?:
But then maybe someones now got the real interpretation of what he wrote.
Steve
Beam_me_up,
I don't recall anyone saying the models ALWAYS worked, point me to the post/thread if I'm wrong.
Bradley is non-directional so the July turning point may have been a signal upside, who knows, no-one yet. There are several Spiral Calendar dates originating from 1929 & 1945 which haven't manifested themselves in doom and gloom.
Chow
I don't recall anyone saying the models ALWAYS worked, point me to the post/thread if I'm wrong.
Bradley is non-directional so the July turning point may have been a signal upside, who knows, no-one yet. There are several Spiral Calendar dates originating from 1929 & 1945 which haven't manifested themselves in doom and gloom.
Chow
with regard to bradley models etc. its all about faith, for all you "unbelievers " out there , a little story
A young lady brings her fiancee home to meet her parents. After dinner her mother tells her father to find out more about the young man. The father invites the young man to his study for a drink.
"So what are your plans?" the father asks. "I am a Biblical scholar" he replies. "A Biblical scholar, Hmmmm" the father says"Admirable, but how will you provide a nice house for my daughter to live in?"
"I will study dilligently" the young man replies, "and God will provide for us"
"And how will you buy her a beautiful diamond engagement ring such as she deserves?" asks the father
"I will concentrate on my studies," the young man replies "and God will provide"
"And children?" asks the father "how will you support children?"
"Dont worry Sir, God will provide"
The conversation proceeds like this and each time the father questions him the young man insists that God will provide.
Later, the mother asks, "How dit it go honey?"
The father answers, "He has no job, no plans and no prospects, but the good news is that he thinks I'm God."
A young lady brings her fiancee home to meet her parents. After dinner her mother tells her father to find out more about the young man. The father invites the young man to his study for a drink.
"So what are your plans?" the father asks. "I am a Biblical scholar" he replies. "A Biblical scholar, Hmmmm" the father says"Admirable, but how will you provide a nice house for my daughter to live in?"
"I will study dilligently" the young man replies, "and God will provide for us"
"And how will you buy her a beautiful diamond engagement ring such as she deserves?" asks the father
"I will concentrate on my studies," the young man replies "and God will provide"
"And children?" asks the father "how will you support children?"
"Dont worry Sir, God will provide"
The conversation proceeds like this and each time the father questions him the young man insists that God will provide.
Later, the mother asks, "How dit it go honey?"
The father answers, "He has no job, no plans and no prospects, but the good news is that he thinks I'm God."
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good luck today....
word on the path....
ALhtough I am very happy trading the path, I realise that some may take it as gospel....whenever you are trading turning points, EVALUATE your RISK FIRST, IE where is my stop if I am wrong.....l
There are two jobs you need to learn as a trader:
1/ read patterns
/ control risk
word on the path....
ALhtough I am very happy trading the path, I realise that some may take it as gospel....whenever you are trading turning points, EVALUATE your RISK FIRST, IE where is my stop if I am wrong.....l
There are two jobs you need to learn as a trader:
1/ read patterns
/ control risk
